2514-16 S TONTI Street, New Orleans, LA 70125
$200,000
Property Type:
MultiFamily
Square Footage:
2,328
Status:
Active
Current Price:
$200,000
List Date:
1/26/2026
Last Modified:
2/04/2026
Description
Value-Add 4-Plex Opportunity Bank-owned 4-unit property with serious upside for the right investor. Currently 2 units rented, 2 vacant. The property is in poor condition and needs a full renovation, making this a true value-add project with major equity and cash flow potential once stabilized. Perfect for an investor ready to renovate, reposition, and maximize rents. Opportunities like this don't come around often.
Supplements: ********
More Information MLS# NO2539579
Listing Info
Delayed Marketing: No
List Price/SqFt: 85.91
Status: Active
Listing Date: 2026-01-26
Listing Price: 200000
Current Price: $200,000
Modification Timestamp: 2026-02-04T20:53:12Z
Photo Modified: 2026-02-03T01:04:38Z
Location, Tax & Legal Info
Legal Desc: SQ 459 LOT 20 S TONTI 27x134 7/12/5
General Property Description
Lot Dimensions: 27 x 134
Stories: 2
SqFt - Total: 2328
SqFt - Source: Public Record
Number of Units: 4
Remarks & Misc
Remarks: Value-Add 4-Plex Opportunity Bank-owned 4-unit property with serious upside for the right investor. Currently 2 units rented, 2 vacant. The property is in poor condition and needs a full renovation, making this a true value-add project with major equity and cash flow potential once stabilized. Perfect for an investor ready to renovate, reposition, and maximize rents. Opportunities like this don't come around often.
Office/Member/Contract Info
List AOR: NOMAR
Currently Not Used
Acreage Range: 0 - 0.5
Foundation
Slab: 1
Roof
Composition: 1
Heating
Other: 1
Cooling
Window Units: 1
Owner Pays
Water: 1
Tenant Pays
Electric: 1
Gas: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 56796946
Originating System Listing ID: 2539579
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 2514-16
Dir: S
Street Name: TONTI Street
Parish: Orleans
State: LA
Zip Code: 70125
Tax Assessment Number: 412404621
Directions: GPS Bounding Streets: 2nd and 3rd
Property Features
Foundation: Slab
Roof: Composition
Heating: Other
Cooling: Window Units
Owner Pays: Water
Tenant Pays: Electric; Gas
Listing Office:
Brittny McKay Real Estate
IDX
Last Updated: February - 04 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.